The Common Retirement Fund also earmarks investments in absolute return and credit.

The regulator released its annual report identifying the greatest risks facing investors and the markets.

The proposal’s aim is to reduce risk and enhance income, report to trustees says.

Some investors may be bailing out of their energy shares, but tobacco and its ilk show that can be a perverse plus.

The former Florida SBA chief will give the bank his strategic counsel and serve as a public face in these challenging times.